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The Supreme Industries Limited (SUPREMEIND) Fair Value & Analysis

Industrials · IN · Market cap ₹460B (≈ $4.9B) · ISIN INE195A01028

What is The Supreme Industries Limited really worth?

TS The Supreme Industries Limited SUPREMEIND · BSE
Price₹3,450
Fair Value₹1,225
Upside−64.5%
Quality62/100

A solid business, but trading 182% above our fair value of ₹1,225.

As of Aug 27, 2026, the fair value of The Supreme Industries Limited is ₹1,225 per share against a price of ₹3,450, so the fair value sits 64% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Low debt · generates free cash flow

Risks

!Mixed Growth (revenue 5y +12.1 %/yr)
!Thin margins · 9.1% net margin
!Moderate moat 63/100
Evidence: High Range ₹692.38 – ₹1,918

Fair value as of: Aug 27, 2026

From 24 valuation models · updated 10 days ago

Share price −0.2% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (₹1,918). The favourable scenario is already priced in.
  • The model range is unusually wide (₹692.38 to ₹1,918). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

₹6,039 ₹1,639 Fair Value ₹1,225 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range ₹1,639 – ₹6,039 · fair‑value band ₹692.38 – ₹1,918 · the ₹3,450 price screens above the ₹1,225 fair value. Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

The Supreme Industries Limited (SUPREMEIND) currently trades at ₹3,450, while our model-based Fair Value estimate is ₹1,225, implying the stock looks roughly 181.5% overvalued today. The Quality Score stands at 62/100 (solid quality), in the Industrials sector. Bull case: the DCF Models group reads highest at a median of ₹1,284 per share, and 0 of the 24 models we run sit above the ₹3,450 price. Bear case: the Asset-Based group reads lowest at ₹325.39, and 24 of the 24 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, The Supreme Industries Limited generated revenue of ₹113B at a net margin of 9.1%. Revenue grew 4.2% year over year. It earns a return on equity of 16.1%. Net debt stands at ₹1.9B. Fundamentals as of Aug 27, 2026

Our scenario range runs from ₹692.38 (bear case) to ₹1,918 (bull case); at ₹3,450, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 25% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at −29% fair-value upside, at −64%, SUPREMEIND screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹35.34 per share, which is 1.4 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF best evidence ₹464.29 ₹765.05 ₹1,281 78
Growth DCF ₹467.60 ₹761.82 ₹1,270 76
Owner Earnings ₹623.10 ₹1,039 ₹1,753 74
All 24 models by family
DCF Models
FCF DCF best evidence ₹464.29 ₹765.05 ₹1,281 78
Owner Earnings ₹623.10 ₹1,039 ₹1,753 74
5Y Revenue Exit ₹731.48 ₹1,284 ₹2,024 71
5Y EBITDA Exit ₹934.59 ₹1,684 ₹2,603 74
5Y P/E Exit ₹914.18 ₹1,643 ₹2,453 69
10Y Revenue Exit ₹610.82 ₹1,109 ₹1,848 65
10Y EBITDA Exit ₹774.09 ₹1,401 ₹2,323 66
10Y P/E Exit ₹760.50 ₹1,372 ₹2,200 62
Earnings-Based
Graham-Dodd ₹510.68 ₹1,996 ₹2,708 64
Lynch FV ₹491.01 ₹701.44 ₹911.87 61
PEG = 1.0 ₹491.01 ₹701.44 ₹911.87 57
EPV ₹753.66 ₹877.65 ₹987.86 74
Multiples
P/E Multiple ₹1,183 ₹1,577 ₹1,971 63
P/S Multiple ₹957.53 ₹1,277 ₹1,596 58
P/B Multiple ₹957.53 ₹1,277 ₹1,596 55
EV/EBIT ₹1,211 ₹1,598 ₹1,985 66
EV/EBITDA ₹1,267 ₹1,672 ₹2,078 67
EV/Revenue ₹879.08 ₹1,234 ₹1,589 54
Asset-Based
NCAV (Graham) ₹242.83 ₹325.39 ₹485.65 54
Growth DCF
Growth DCF ₹467.60 ₹761.82 ₹1,270 76
Rev-Margin DCF ₹731.48 ₹1,267 ₹1,920 71
Economic Profit
Residual Income ₹518.39 ₹682.46 ₹2,097 65
ROIC Compounder ₹831.08 ₹1,105 ₹1,471 72
Growth Earnings
Growth-Adj P/E ₹877.61 ₹1,254 ₹1,630 67

Widest divergence: DCF Models (₹1,284) versus Asset-Based (₹325.39). Highest evidence: FCF DCF (78).

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Key figures & financial health

P/E ratio 42.5
P/S ratio 3.64 P/E × margin
EPS (TTM) ₹81.12 price ÷ EPS = P/E 42.5
Dividend yield 1.0% payout 41.1%
Net margin 8.6% FY2026
Return on equity 16.1% TTM
More key figures
Profitability
Return on assets (EBIT) 17.3% avg 5y
Operating margin 10.1% TTM
Growth
Revenue (TTM) ₹113B TTM
Revenue growth (YoY) +4.2% 3y avg +6.8%
EPS growth (YoY) +38.7%
Balance sheet & cash flow
Free cash flow ₹4.1B FY2026
Net debt ₹1.9B FY2020 · ≈ 0.5 yrs of FCF

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 62 · Market factors (momentum, volatility) 42

Profitability 71
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 52
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 15
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

The Supreme Industries Limited engages in the manufacture and sale of plastic products in India. The company offers plastic piping systems, including uPVC pipes, injection moulded PVC and handmade fittings, polypropylene random co-polymer pipe systems, HDPE and CPVC pipe systems, inspection chambers, manholes, bath fittings and sanitaryware, roto moulded …

Full company description

The Supreme Industries Limited engages in the manufacture and sale of plastic products in India. The company offers plastic piping systems, including uPVC pipes, injection moulded PVC and handmade fittings, polypropylene random co-polymer pipe systems, HDPE and CPVC pipe systems, inspection chambers, manholes, bath fittings and sanitaryware, roto moulded tanks and fittings, solvents, industrial piping systems, DWC and PEX Pe pipe systems, and fire sprinkler systems. It also provides industrial products, such as appliance parts and appliances, auto parts and sub-assemblies, and other industrial products; and material handling solutions comprising crates, pallets, garbage and dust bins, silpacks, and other customized material handling products, as well as offers composite LPG cylinders under the KAVACH brand name. In addition, the company provides packaging products comprising flexible packaging film products, protective packaging products, and cross laminated film and products. Further, its furniture products include chairs, tables, beds, cupboards, stools, and kids' furniture. The company also exports its plastic products. The Supreme Industries Limited was incorporated in 1942 and is based in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

The Supreme Industries Limited reported revenue of ₹111B in FY2026 versus ₹77.3B in FY2022, a compound +9.5%/yr. Reported net income was ₹9.5B in FY2026, compounding −0.4%/yr from FY2022.

Growth Quality 77/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹111B
Latest YoY
+7.5%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.8%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.1%
Avg. revenue growth/yr (7Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.4%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+0.7% · in INR
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share−0.3%
Dividend yield1.0%
Operating margin (EBIT) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.17.0% (2021) → 10.4% (2026) · falling
Revenue +9.5%/yr
FY22 ₹77.3B
FY23 ₹91.4B
FY24 ₹101B
FY25 ₹104B
FY26 ₹111B
Net income −0.4%/yr
FY22 ₹9.7B
FY23 ₹8.7B
FY24 ₹10.7B
FY25 ₹9.6B
FY26 ₹9.5B

SUPREMEIND screens 182% overvalued. Compare with Trane Technologies plc →

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Cite: Fair Value Calculator (2026). "The Supreme Industries Limited Fair Value". https://www.fairvalue-calculator.com/stock/SUPREMEIND.BSE

Peer Group

Building Products & Equipment · 242 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 61 · Above median
Fair Value upside −66% · Bottom 25%
Return on equity (TTM) 16% · Top 25%
Return on assets 10% · Top 25%
Net margin (TTM) 9% · Top 25%
Operating margin (TTM) 10% · Above median
Revenue growth 4% · Above median
Dividend yield (TTM) 1.0% · Bottom 25%

Valuation Multiples vs Building Products & Equipment median · lower = cheaper

P/E (TTM) 42.5× · Pricier than 75% of peers
P/B 7.46× · Pricier than 75% of peers
P/S (TTM) 4.06× · Pricier than 75% of peers
P/FCF 1.2× · Cheaper than median
EV/EBITDA 28.1× · Pricier than 75% of peers

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
Trane Technologies plc TT $454.31 $208.50 −54%
Johnson Controls International plc JCI $142.23 $44.75 −69%
Carrier Global Corporation CARR $57.25 $16.85 −71%
Compagnie de Saint-Gobain S.A SGO €81.20 €97.97 +21%
Geberit AG GEBN CHF 577.80 CHF 307.66 −47%
Lennox International Inc LII $377.25 $363.09 −4%
Kingspan Group KRX €87.30 €66.79 −23%
Masco Corporation MAS $74.64 $53.22 −29%
Carlisle Companies Incorporated CSL $356.53 $340.70 −4%
BELIMO Holding BEAN CHF 878.50 CHF 227.18 −74%

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Frequently asked questions

Is The Supreme Industries Limited (SUPREMEIND) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of ₹1,225 versus a price of ₹3,450, about −64% upside (overvalued).
What is the fair value of SUPREMEIND?
Our model-based fair value for The Supreme Industries Limited is ₹1,225 (as of Aug 27, 2026), built from audited fundamentals. The current price: ₹3,450.
What is the quality score of SUPREMEIND?
The Supreme Industries Limited has a Quality Score of 62/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for The Supreme Industries Limited (SUPREMEIND)?
Our model-based price target is the fair value of ₹1,225 (as of Aug 27, 2026) from 24 valuation models. Cautious scenario ₹692.38, optimistic scenario ₹1,918. It is a calculation from audited fundamentals, not an analyst target.
What is the The Supreme Industries Limited stock forecast for 2026?
Our models put fair value at ₹1,225, about −64% upside versus a price of ₹3,450 (overvalued). Cautious scenario ₹692.38, optimistic scenario ₹1,918. The calculation is refreshed regularly with new filings.
What is the revenue of The Supreme Industries Limited (SUPREMEIND)?
The Supreme Industries Limited reported trailing-twelve-month revenue of about ₹113B (latest available figure, as of Aug 27, 2026).
What is the net profit margin of SUPREMEIND?
The net profit margin of The Supreme Industries Limited is about 9.1%, meaning it keeps roughly 9.1% of revenue as net income. Based on the latest reported figures.
Does The Supreme Industries Limited pay a dividend?
The Supreme Industries Limited currently shows a dividend yield of about 0.97% relative to its recent price (as of Aug 27, 2026).
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